Need information on the differences between the Korean made tokai strats and the Japanese made tokai strats. Is 455$ Canadian a comparable price for a new Korean Tokai strat? There is about a 300$ difference between the two. And would it be adviseable to consider buying a new fender strat (not a high end one) or are they just junk now?

Here is what I've been able to find out. The main difference between the MIJ and MIK Tokai Strats/Tele is in the hardware and finish. The MIJ guitars have much better tuners and tremelos than the MIK models.

In US currency the list price (today) for MIK guitar is $250 while the top end of the MIJ guitars should be around $420.